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Stock futures dipped Wednesday as bond yields rose globally and oil prices topped $90 a barrel, fanning inflation fears
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U.S. stock futures fell Wednesday as the 10-year Treasury yield climbed to its highest level in nearly three years, with rising oil prices adding to concerns about inflation.
The 10-year Treasury yield reached 4.814% intraday, marking its highest point since November 2023. Dow Jones Industrial Average futures slipped 66 points, or 0.1%, while S&P 500 futures lost 0.2% and Nasdaq $NDAQ 100 futures fell 0.6%.
